RMG launches offshore macro fund

RMG Wealth Management has launched a Guernsey-domiciled offshore fund. The RMG Real Return Fund began trading on February 1.

The macro fund will invest globally across multiple asset classes and securities, and will prioritise capital protection.

Stewart Richardson RMG partner and chief investment officer, and manager of the Real Return fund, said: “The global economy is facing some major headwinds this year which is likely to lead to volatile markets. We believe a simplified strategy of ‘Sell the Euphoria and Buy the Hysteria’ will be successful, meaning tactical investment management is the key.”

The fund is available in Sterling and Dollar share classes. The minimum investment is 10,000 in both denominations with weekly subscriptions and redemptions. The fund has launched with £13.1m in asset under management.